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Reply #11: Lloyds to sell £1bn of bad property loans [View All]

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Demeter Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-20-11 07:36 AM
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11.  Lloyds to sell £1bn of bad property loans

Sales is understood to have attracted interest from pension funds, private equity groups and overseas investors

Read more >>
http://link.ft.com/r/5F39HH/ZGCGRO/Z87P0/7AVGHB/VLBJBB/LE/t?a1=2011&a2=9&a3=20

IN HEAVEN'S NAME WHY WOULD PENSION FUNDS BUY BAD PROPERTY LOANS?
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